I have recently been working on a Kaizen Event at my work, which is the Student Health Center. As we began the first phase of the 5-S process, which is sorting, we quickly realized that we were carrying way too much inventory. For example, we were stocked with dozens of crutches and they were taking up a significant amount of space in a treatment room. Therefore, I have concluded that we are incurring some sort of opportunity cost as part of our inventory holding cost(s).
As this project and other initiatives continue, I will hopefully be applying my classroom knowledge from OM 523 to help us better manager our inventory.
-Andrew Freeman
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